by Jim Magary | Aug 27, 2015 | Tax Help
We are an “AFFORDABLE ” full service tax firm that specializes in IRS & New York State tax problems. Former IRS Agents, Since 1982.
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service. We are comprised of tax attorneys, CPAs and former federal and state tax agents.
We know the system inside and out. Let our years of experience work for you.We can get you back into the seamlessly.
If you need to file back tax returns or owe the IRS a tax debt, we can go ahead and work out an effective tax settlement for you.
IRS will require a current financial statement to close your case off of the collection computer. Your current financial statement is the key to closing your case.
IRS after reviewing your current financial statement will either put you into a current hardship, asking for a monthly payment agreement or will consider the filing of an offer in compromise.
Closing Your Case with the IRS
At the current time over 40% of the cases are put into a currently not collectible file, 6.5 million taxpayers have current monthly or installment agreements and 38,000 taxpayer settled by the acceptance of an offer in compromise.
Do you have unfiled or not file tax returns?
Many people do not file back tax returns because they lost their records or because of fear.
It is important to remember IRS just want you back in the system so don’t let fear or panic set in.
If this is your case, we can go ahead and pull IRS tax transcripts and secure enough information to file back tax returns.
If you have little or few tax records that is not a problem we can prepare your returns under reconstructive methods ensure you will pay the lowest amount allowed by law.
Being a former IRS agents we understand all the techniques to get you back in the system worry free.
Beware : I caution those taxpayers who do not file to be very careful because IRS can file your tax return under 6020 B and you will pay the most amount allowed by law.
If you do not follow-up on the assessment IRS makes under 6020 B of the IRC code, the Internal Revenue Service will follow-up by the filing of a federal tax levy in a federal tax lien.
We will give you a free evaluation or analysis on the best way to settle your case for the lowest possible dollar amount if you are a suitable candidate for an offer in compromise.
When you call our office you will speak directly to a true IRS tax expert.
IRS Taxes + Unfiled Tax Returns + Remove Tax Garnishment Wages + Bank Levy + Stop Tax Liens + Set up Payment Plans + File Offer in Compromise + 10001, 10011, 10018, 10019, 10020, 10036
by Jim Magary | Aug 26, 2015 | Tax Help
We are an “Affordable Professional Tax Firm” that has been resolving IRS problems since 1982, A+ rated by the BBB.
True Experts. New York State Tax Help, Full Service Firm.
If you Owe IRS Back Taxes, we have different solutions to remedy your problem.
Having combined 60 years of IRS work experience we know all the solutions. Your current financial statement is the key for resolving back IRS or state tax issues.
IRS puts the greatest value on your financial statement for settling back tax issues.
We are tax experts for releases and removal IRS tax levies, provide IRS tax defense and IRS tax representation for IRS tax audit, IRS tax settlement experts, and for those wishing to make payment agreements with the Internal Revenue Service.
Since 1982 we have been representing taxpayers and businesses before the Internal Revenue Service.
If you owe back IRS taxes and received a tax levy garnishment, have received an IRS notice of tax audit, in need of an IRS payment plan tax settlement or installment agreement call us today to hear every option available to you to get you immediate and permanent IRS tax relief.
Our former IRS agents have logged over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We have worked as agents, managers, and teaching instructors all within the IRS framework.
To Remove or Release a IRS Tax Levies & Wage Garnishments + Tax Relief on back IRS and State Taxes
IRS usually levies 1.9 million taxpayers and businesses each and every year, so have you if you have received an IRS tax levy you are not alone. IRS is the largest collection and billing machine in the world. IRS tax levy goes out systemically not a human hand catches a tax levy.
An IRS tax Levy usually comes in two forms.
Bank levy or an IRS wage garnishment levy.
Both IRS tax levies are different. It is important for you to understand the difference.
An IRS Bank Levy puts a freeze on your money for 21 days where an IRS wage garnishment levy is an immediate seizure of your paycheck.
The bank will send your frozen funds to IRS on the 22nd day.
The IRS will give you 21 days to work out a settlement before they receive the funds. your employer is mandated by law to send your next paycheck to the Internal Revenue Service if they have received a wage garnishment notice.
Certain exemptions apply but approximately 80% of your check will go to the Internal Revenue Service because of the IRS tax levy garnishment.
As a separate footnote IRS gets all their levy source information from your last six years of file tax returns. IRS keeps levy source information for seven years.
If you want your money back is a result of a wage garnishment levy you will have to communicate with the Internal Revenue Service.
Within 24 hours of receiving your current financial statement, and as a general rule we can get your IRS bank tax levy garnishment released and your case settled with the Internal Revenue Service.
As former IRS agents we understand every system necessary to make this a seamless and easy process for you. as a general rule cases are closed by Internal Revenue Service after reviewing a current financial statement.
As a general rule, IRS will close your case by putting it into a current tax hardship, asking for a monthly payment plan or the fact that you qualify for an offer in compromise to settle your tax debt for pennies on the dollar. In some cases you can discharge your federal taxes through a bankruptcy procedure. There are certain bankruptcy chapters that allow the discharge of federal taxes.
Not only will we get your tax levy released we will settle your case at the same time.
If you will owe money we will work out tax settlement and if necessary take your case to tax appeals are tax court if warranted.
If you are wishing for an IRS tax settlement called an offer in compromise, we will be happy to walk you through the IRS qualifier tool to see if you’re a suitable candidate before filing any offer in compromise. Due to the new IRS fresh start initiative it is much easier for taxpayers to settle cases.
I am a former IRS revenue officer and worked the offer in compromise program as a former employee.
IRS settles 38% of all offers and compromises that are filed and settles for an average of $6500. Keep in mind this is a national average and differs because of everyone’s unique and individual financial statement.
If those who wish to make payments to the Internal Revenue Service to resolve their debt, we will walk you through the financial statement and make an affordable payment that you can live with.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We are the fast, friendly, and affordable professional tax firm. When you call our office shall speak directly to a true IRS tax expert.
Owe IRS + Back Taxes Help = IRS Tax Levy & Wage Garnishment + IRS Tax Audit + Tax Debt Settlements + IRS Payment Plans + Unfiled Tax Returns + 10001, 10011, 10018, 10019, 10020, 10036
by Jim Magary | Aug 26, 2015 | Tax Help
What You Need To Know About Tax Refunds
Here are 10 things you need to know about your refund.
1. Refund Options.
You have three options for receiving your individual federal income tax refund: direct deposit, U.S. Savings Bonds or a paper check.
You can now use your refund to buy up to $5,000 in U.S. Series I Savings Bonds in multiples of $50.
2. Separate Accounts.
You may use Form 8888, Allocation of Refund (Including Savings Bond Purchases), to request that your refund be allocated by direct deposit among up to three separate accounts, such as checking or savings or retirement accounts.
You may also use this form to buy U.S Savings Bonds.
3. Tax Return Processing Times.
If you file a complete and accurate paper tax return, your refund will usually be issued within six to eight weeks from the date it is received.
If you filed electronically, your refund will normally be issued within three weeks after the acknowledgment date.
4. Check the Status Online.
The fastest and easiest way to find out about your current year refund is to go to IRS.gov and click the “Where’s My Refund?” link at the IRS.gov home page.
To check the status online you will need your Social Security number, filing status and the exact whole dollar amount of your refund shown on your return.
5. Check the Status By Phone.
You can check the status of your refund by calling the IRS Refund Hotline at 800–829–1954.
When you call, you will need to provide your Social Security number, your filing status and the exact whole dollar amount of the refund shown on your return.
6. Check the Status with IRS2Go IRS2.
Go is a smartphone application that lets you interact with the IRS using your mobile device. Apple users can download the free IRS2Go application by visiting the Apple App Store. Android users can visit the Android Marketplace to download the free IRS2Go app. Simply enter your Social Security number, which will be masked and encrypted for security purposes, then select your filing status and the exact whole dollar amount of your refund shown on your return.
7. Delayed Refund.
There are several reasons for delayed refunds. For things that may delay the processing of your return, refer to Tax Topic 303 available on the IRS website at http://www.irs.gov, which includes a Checklist of Common Errors When Preparing Your Tax Return.
8. Larger than Expected Refund.
If you receive a refund to which you are not entitled, or one for an amount that is more than you expected, do not cash the check until you receive a notice explaining the difference. Follow the instructions on the notice.
9. Smaller than Expected Refund.
If you receive a refund for a smaller amount than you expected, you may cash the check.
If it is determined that you should have received more, you will later receive a check for the difference.
If you did not receive a notice and you have questions about the amount of your refund, wait two weeks after receiving the refund, then call 800–829–1040.
10. Missing Refund.
The IRS will assist you in obtaining a replacement check for a refund check that is verified as lost or stolen.
If the IRS was unable to deliver your refund because you moved, you can change your address online. Once your address has been changed, the IRS can reissue the undelivered check.
by Jim Magary | Aug 26, 2015 | Tax Help
We are an “AFFORDABLE “ full service tax firm that specializes in IRS tax problems. Former IRS Agents, Since 1982.
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We know the system inside and out. Let our experience work for you.After 60 years of combined IRS work experience we know all the protocols and systems used to help settle IRS cases.
If you need to file back tax returns or owe the IRS a tax debt, we can go ahead and work out an effective tax settlement for you.
IRS will require a current financial statement to close your case off of the collection computer. The financial statement is Key to case closings.
IRS after reviewing your current financial statement will either put you into a current hardship, asking for a monthly payment agreement or will consider the filing of an offer in compromise. Your current financial statement will completely determine the closing method used by IRS.
IRS Case Closures:
At the current time over 40% of the cases are put into a currently not collectible file, 6.5 million taxpayers have current monthly or installment agreements and 38,000 taxpayer settled by the acceptance of an offer in compromise. As a general rule the only other way case close, is when the statute of limitation expires or a bankruptcy proceeding wipes out the tax.
Do you have unfiled or not file tax returns?
Many people do not file back tax returns because they lost their records or because of fear. It is important to remember IRS just want you back in the system so don’t let fear or panic set in.
If this is your case, we can go ahead and pull IRS tax transcripts and secure enough information to file back tax returns.
If you have little or few tax records that is not a problem we can prepare your returns under reconstructive methods ensure you will pay the lowest amount allowed by law. We can get you back in the system worry free.
Being a former IRS agents we understand all the techniques to get you back in the system worry free.
I caution those taxpayers who do not file to be very careful because IRS can file your tax return under 6020 B and you will pay the most amount allowed by law.
If you do not follow-up on the assessment IRS makes under 6020 B of the IRC code, the Internal Revenue Service will follow-up by the filing of a federal tax levy in a federal tax lien.
We will give you a free evaluation or analysis on the best way to settle your case for the lowest possible dollar amount if you are a suitable candidate for an offer in compromise.
Being a former IRS agent revenue officer I both worked and taught the offer in compromise program. we walked to the pre-qualifier program with you to see if you’re qualified for an IRS offer a compromise tax settlement.
When you call our office you will speak directly to a true IRS tax expert.
IRS Taxes Help + Unfiled Back Tax Returns + Remove Tax Levy + Stop Tax Liens + Set up Payment Plans + File Offer in Compromise, Settlements + 10001, 10011, 10018, 10019, 10020, 10036
by Jim Magary | Aug 26, 2015 | Tax Help
Former IRS Agents & Managers to know the system. We are an “AFFORDABLE “ professional tax firm that has been in private practices 1982. A plus rated, BBB. True Experts!
If you wish to settle back IRS taxes you can call us today to learn about the different systems IRS uses to settle back tax debt.
We know the system inside and out. Let our years with the Internal Revenue Service be your best friend.
We have a combined 60 years of direct work experience at the Internal Revenue Service. We are composed of tax attorneys, CPAs, and former federal and state tax agents.
If you have any back tax issues with the Internal Revenue Service or have not filed back income/business tax returns, we can settle your case all at the same time.
As a former IRS revenue officer I have worked hundreds of cases and can be very instrumentally in the settling of your case.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Fresh Start Tax LLC is a much different firm than other companies.
We do our own work in-house, most companies sub their work out to backend offices.
We have over 60 years of direct work experience working in the local, district and regional tax offices of the IRS. We have worked as managers, instructors, and teaching agents.
Our vast experience and knowledge with the Internal Revenue Service works in your favor.
Some of our staff have put on joint forums with the Internal Revenue Service. We have an excellent working relationship with Uncle Sam.
Settling Tax Cases on Back Taxes Debt with the Feds or the State of New York
If you want to settle your back taxes, IRS will require a current financial statement along with full documentation.
IRS rules require only form 433F, along with bank statements, copy of pay stubs, and monthly expenditures.
IRS conducts a thorough review of your current financial statement and compares that with the national, regional, and localized standards to ensure that everybody is getting the same treatment.
The IRS will use a six-month timeframe to make determinations on your case. In some cases the IRS can ask for the last year.
It is important a true professional fill-out the financial statements because we know exactly what IRS is looking for and can help navigate the waters to get you achieved results.
Filing Back or Unfiled , Old or Past Due Tax Returns
Over 16 million taxpayers do not file annual tax returns.
At some point if you do not file the Internal Revenue Service will catch up with you do not keep your head in the sand.
If you have not filed tax returns we can prepare your returns with little or no records do our reconstructive methods we learned IRS.
If you did not file your back tax returns, IRS can prepare them for you and you will owe more money than you should. IRS as the ability under 6020B to file for you.
If you do not respond to the IRS bills and notices they send out as a result of filing your tax returns IRS will follow-up with tax levies in the filing a federal tax liens.
We can prepare your back or on file tax returns with little or no tax records.
If the IRS has already filed your back tax returns and they are grossly inaccurate, call us today for us to file for an IRS audit reconsideration.
Do not be afraid of filing your tax returns with IRS because at some point in time they will catch up with you.
IRS levies approximately 1.9 million taxpayers each and every year.
This includes both bank levies and wage garnishment levies. keep in mind not a human hand touches these levees they all go out systemically by the IRS CADE 2 computer.
We can remove an IRS tax or wage garnishment levy within 24 hours of receiving your current financial statement and or get you placed into a payment program or tax hardship depending on your situation.
Call us today for a free initial tax consultation and hear the truth from true IRS tax experts.
When you speak to our office you will not speak to a salesperson but a true IRS tax expert.
IRS Offer in Compromise + Unfiled Tax Returns + Stop IRS Tax Levy + IRS Lien + IRS Payments Plans + Settlements Negotiations + Audits + NYC 10001, 10011, 10018, 10019, 10020, 10036
